Red Robin Q3 Earnings Miss, Revenues Beat Estimates, Stock Down
Red Robin Gourmet Burgers(RRGB) ZACKS·2024-11-07 21:01
Red Robin Gourmet Burgers, Inc. (RRGB) posted mixed third-quarter fiscal 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. Both top and bottom lines declined year over year. Following the results, the company’s shares declined 10.1% during yesterday’s after-hours trading session.Red Robin’s third-quarter fiscal 2024 results declined despite some positive developments in restaurant performance and customer satisfaction. The company’s CEO G.J. Hart emphasized tha ...